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$65,000
13d
$792/mo
Estimated monthly Section 8 cashflow
Refreshed Jun 1, 2026
3704 Ridgemont Rd, Memphis, TN 38128
Memphis, TN 38128
3 bd · 1 ba · 1,160 sqft · Built 1971
Est. rent $1,830/mo · HUD 2025 SAFMR · ZIP 38128
$65,000
13d
$792/mo
3704 Ridgemont Rd, Memphis, TN 38128
Memphis, TN 38128
3 bd · 1 ba · 1,160 sqft · Built 1971
Est. rent $1,830/mo · HUD 2025 SAFMR · ZIP 38128
Refreshed Jun 1, 2026
Fair Market Rent
3-bedroom
2024$1,711
2025$1,830
YoY change+7.0%
2026$1,780
Source: HUD 2025 Fair Market Rent · ZIP 38128
Housing authority (multiple)
- TN045Millington Housing Authority4888 Bill Knight Rd, Millington, TN, 38053Phone
Estimated monthly cashflow
$792
HUD 2025 SAFMR · ZIP 38128
Assumes 25% down · 7.20% APR · 30-yr fixed.
Section 8 rent$1,830
HUD 2025 SAFMR · ZIP 38128
Property tax-$65
From listing data
Cap rate20.7%Cash-on-cash52.2%DSCR3.39
Open the calculator to change assumptions.
Estimates only, based on HUD FMR and conservative defaults. Verify all numbers independently. Not investment advice.
5-year projection
FRED-drivenTotal cashflow
$58,311
Appreciation
$10,353
Total return
377%
Annualized IRR
36.7%
Annual cashflow
Y1
$10,179
Y2
$10,888
Y3
$11,629
Location
Crime Data
FBI 2025Crime rating
5.9/ 10
Moderate reported crime
Violent / 100k
497
Property / 100k
1,657
4.0-6.9 is a mixed signal. Use caution and verify block-by-block.
Source: FBI Crime Data Explorer · Reported rates per 100,000; verify local block-level conditions